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The power law distribution is usually used to fit data in the upper tail of the distribution. However, commonly it is not valid to model data in all the range. In this paper, we present a new family of distributions, the so-called…

Adaptation and Self-Organizing Systems · Physics 2016-09-21 Faustino Prieto , José María Sarabia

From a new class of q-deformed coherent states we introduce a generalization of the Euler probability distribution for which the main statistical parameters are obtained explicitly. As application, we discuss the corresponding photon…

Mathematical Physics · Physics 2021-07-14 Zouhair Mouayn , Othmane El moize

We study functions g_{\alpha}(x) which are one-sided, heavy-tailed Levy stable probability distributions of index \alpha, 0< \alpha <1, of fundamental importance in random systems, for anomalous diffusion and fractional kinetics. We furnish…

Statistical Mechanics · Physics 2011-01-06 K. A. Penson , K. Gorska

Survey data are widely used to study how income inequality, poverty, and welfare evolve over time. A common practice is to estimate the income distribution separately for each year, treating annual observations as independent…

Econometrics · Economics 2026-04-24 David Gunawan

The standard (non-relativistic) $\kappa$-distribution is widely used to fit data and to describe macroscopic thermodynamical behavior, e.g.\ the pressure (temperature) as the second moment of the distribution function. By contrast to a…

Plasma Physics · Physics 2019-09-04 Klaus Scherer , Horst Fichtner , Hans-Jörg Fahr , Marian Lazar

In ordinary statistical mechanics the Boltzmann-Shannon entropy is related to the Maxwell-Bolzmann distribution $p_i$ by means of a twofold link. The first link is differential and is offered by the Jaynes Maximum Entropy Principle. The…

Statistical Mechanics · Physics 2009-10-02 G. Kaniadakis

We develop a Bayesian state-space model for analyzing the dynamic evolution of income distributions using grouped income data. The model combines the generalized beta distribution of the second kind (GB2) with latent time-varying parameters…

Econometrics · Economics 2026-05-19 Kazuhiko Kakamu

The different between the inverse power function and the negative exponential function is significant. The former suggests a complex distribution, while the latter indicates a simple distribution. However, the association of the power-law…

Physics and Society · Physics 2018-12-19 Yanguang Chen

We present a derivation of power law canonical distributions from first principle statistical mechanics, including the exponential distribution as a It is presented a derivation of power law canonical distributions from first principle…

Statistical Mechanics · Physics 2014-10-13 M. P. Almeida

We introduce and compute the generalized disconnection exponents $\eta_\kappa(\beta)$ which depend on $\kappa\in(0,4]$ and another real parameter $\beta$, extending the Brownian disconnection exponents (corresponding to $\kappa=8/3$)…

Probability · Mathematics 2023-01-12 Wei Qian

In this paper we introduce a new method to add a parameter to a family of distributions. The additional parameter is completely studied and a full description of its behaviour in the distribution is given. We obtain several mathematical…

Methodology · Statistics 2010-03-10 Wagner Barreto-Souza , Alexandre B. Simas

We investigate the physical property of the kappa parameter and the kappa-distribution in the kappa-deformed statistics, based on Kaniadakis entropy, for a relativistic gas in an electromagnetic field. We derive two relations for the…

Statistical Mechanics · Physics 2015-05-13 Guo Lina , Du Jiulin , Liu Zhipeng

In the last decade, a large body of literature has been developed to explain the universal features of inequality in terms of income and wealth. By now, it is established that the distributions of income and wealth in various economies show…

General Finance · Quantitative Finance 2016-11-25 Anindya S. Chakrabarti , Bikas K. Chakrabarti

This paper presents an improved exponential tail bound for Beta distributions, refining a result in [15]. This improvement is achieved by interpreting their bound as a regular Kullback-Leibler (KL) divergence one, while introducing a…

Probability · Mathematics 2025-08-12 Pierre Perrault

In this paper, we derive the joint distribution of progression-free and overall survival as a function of transition probabilities in a multistate model. No assumptions on copulae or latent event times are needed and the model is allowed to…

Methodology · Statistics 2018-10-26 Matthias Meller , Jan Beyersmann , Kaspar Rufibach

This paper discusses the empirical evidence of Tsallis statistical functions in the personal income distribution of Brazil. Yearly samples from 1978 to 2014 were linearized by the q-logarithm and straight lines were fitted to the entire…

Economics · Quantitative Finance 2016-05-24 Abner D. Soares , Newton J. Moura , Marcelo B. Ribeiro

The $\alpha$-$\eta$-$\kappa$-$\mu$ is one of the most generalized and flexible channel models having an excellent fit to experimental data from diverse propagation environments. The existing statistical results on the envelope of…

Information Theory · Computer Science 2023-06-13 Pranay Bhardwaj , Eesha Santosh Karnawat , S. M. Zafaruddin

In this work, we modify the affine wealth model of wealth distributions to examine the effects of nonconstant redistribution on the very wealthy. Previous studies of this model, restricted to flat redistribution schemes, have demonstrated…

General Finance · Quantitative Finance 2021-10-27 Sam L. Polk , Bruce M. Boghosian

In this paper, we introduce a bivariate exponentaited generalized Weibull-Gompertz distribution. The model introduced here is of Marshall-Olkin type. Several properties are studied such as bivariate probability density function and it is…

Statistics Theory · Mathematics 2015-01-19 M. A. EL-Damcese , Abdelfattah Mustafa , M. S. Eliwa

This paper introduces nonparametric econometric methods that characterize general power law distributions under basic stability conditions. These methods extend the literature on power laws in the social sciences in several directions.…

Economics · Quantitative Finance 2016-06-07 Ricardo T. Fernholz
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